Three years after it began investing in startups, Halifax’s Concrete Ventures has booked its second exit. Whitehorse-based Proof, which specialized in automating government processes, has been bought by Toronto’s Daylight.

Daylight Co-Founder and Chief Growth Officer Art Harrison said his company bought Proof to bring on the target company's staff -- a process known as an "aquihire" -- and

Two teams of students from the Sobey School of Business at Saint Mary’s University have placed second in Boston University’s edition of the international Venture Capital Investment Competition.

In claiming two silver medals, the graduate and under-graduate teams from SMU beat out teams from top-tier American schools that included Cornell, Tufts, Babson and New York University.

The VCIC is an

Dalhousie University’s latest Lab2Market cohort has a new objective: supporting women in research.

Announced Tuesday, the new cohort includes 11 graduate and post-graduate level women researchers from five Canadian universities, mostly in Atlantic Canada, who will receive 16 weeks of training in how to find market opportunities and commercialize their deep-tech research.

Lab2Market is part of

Sandpiper Ventures has joined a US$1 million (C$1.27 million) funding round recently closed by Begin AI, whose software helps to personalize applications for consumers without needing expensive artificial intelligence infrastructure.

Sandpiper, an Atlantic Canadian investment fund managed by women to invest in female-led companies, announced the Halifax company’s funding in a press release

Rural innovation hub Ignite has partnered with the Centre for Entrepreneurship Education and Development to host a virtual accelerator, Amplify, for startups across Nova Scotia.

The accelerator -- which is now open for application -- will include 10 instructional online sessions, as well as one-on-one coaching, with the course material focused on helping entrepreneurs “learn by doing.”

Also

Though a foreign company's plan to hire more than 1,000 people in a tight job market may worry other employers, the arrival of tech consulting company Cognizant in Nova Scotia could represent a net benefit for startups, observers have said.

Martha Casey, CEO of Halifax startup hub Volta, said in an interview that her understanding of Cognizant’s plans suggests direct overlap with the startup

Preliminary data from the Canadian Venture Capital and Private Equity Association offers a look into one of the best years for venture capital in national history and reinforces the promise of strong numbers for Atlantic Canada in 2021.

The early figures show Canadian companies raised just shy of $15 billion worth of VC deals -- more than triple the roughly $4.5 billion from 2020 and more than

Research funding from external sources at Dalhousie University rose by about $13 million to $194 million in 2021, according to the school’s annual Research and Innovation Report.

In the report’s introduction, Vice President of Research and Innovation Alice Aiken said Dalhousie is on track to surpass its goal of $200 million worth of externally funded research by 2023. The $194 million includes

Saint Mary’s University is calling for startups to apply to participate in the only Canadian edition of the international Venture Capital Investment Competition, even as its own student-run venture capital fund prepares to compete in the VCIC’s Boston event.

Nicholas Perrin, a general partner at the student VC fund, Venture Grade, and a fourth-year Bachelor of Commerce student, said in an

St. John’s-based innovation hub Genesis has inked a deal with ExxonMobil Canada and Hibernia Management and Development Company to foster innovation in the energy sector.

ExxonMobil is the largest shareholder in the Hebron oilfield off the coast of Newfoundland, which is estimated to contain reserves of more than 700 million barrels of oil. Hibernia Management, meanwhile, operates the nearby